Amigacoin

[sonountaleban]

Hehe, you need sell Amigacoins to buy Bitcoins, but at the moment its price is too much low. (1 AGA = 0.00000002 BTC) ;-)

Yes, there are hundreds of clones and that's main reason due to all sites accept only bitcoin/real money exchange - someone got also Litecoin.
This is an incomplete list of crypto-currencies:
http://coinmarketcap.com/all.html

Usually I use this below for exchanging bitcoin/british pounds and it works pretty good for me.
https://bitbargain.co.uk/

I think Amigacoin can be useful only inside us community, not to earn real money, for now.

Hi,
Where can I order a Pizza with my money? ; )
...
So far i found only exchange with Bitcoins.       

[sonountaleban]

Yep, right... for example, a developer can ask Amigacoins for its software, updates  and so on, and/or users can buy those services with Amigacoins (or real money, obviously it depends by developers). Most developers are like volunteers here and I think it can be a way to "boost" developing on Amiga, where there is a lack of real money.

Maybe it can make sense making a port, just we need to convert all assembly x86 parts into arm architecture... ;-)

I am really interested (not trying to make it bad here).
For example you could try to convince me to accept them as payment method.
Why should I and why could I? The problem would be for me:
Ok i get Amigacoins but what can I do with them.
Chicken egg problem ; )
Ordering Pizza would be nice.

[sonountaleban]

Ehm... I didn't say that crypto-currencies will replace fiat money completely. However, I'm not very able to explain really deeply how cryptomoney works, you can start look here http://www.coindesk.com for example. There are a lot of technical and not articles around bitcoin world.

Okidoki but most developers need to pay bills.
It seems surreal if money is created by calculating hashes only.

Let's do an example:
I need to pay 43€ per month for hosting and such stuff
How could i pay it by accepting Amigacoins?

How many Amigacoins do I need to exchange them in 2 steps (AGA->BTC->EUR)
to pay my bill.

Seems strange : )

At some point there must be a real money volume behind it. There must exist a interest in buying Amigacoins with real money, so the poor developer can sell again his earned Amigacoins to real money (or AGA->BTC->EUR).

I could not copy and paste those numbers from https://cryptoaltex.com (. is , and vise versa in germany), maybe i lost a digit behind the "," but it looks as 1€ could be equal to 80000 - 100 000 Amigacoins.
But those numbers are based on what again : )

I fear that if I would accept them that the first guys "miners" pay me with just hot air created from a PC-fan ... And the end would be that I can do nothing with them by myself.

Chicken egg.

On the other hand it is a thrilling idea to have a own Amiga currency : p
Maybe I accept them in exchange to indieCoins with a fixed exchange rate to € at some point ; )

[sonountaleban]

o_O

Right... I forgot there is a version of cpuminer for Linux+ARM!

0.3 khash/s !!
Running on Raspberry Pi ; )
Earning money while playing : p

https://www.youtube.com/watch?v=qUigNkhktFk&list=HL1401640347&feature=mh_lolz

[YOUTUBE]qUigNkhktFk[/YOUTUBE]